Two of the most significant trends observed in the sphere of cryptocurrencies – AI and meme coins. Some of the AI and memecoin-based projects have outperformed other projects and gained the attention of investors during this time.
Investors looking into the AI space have been captured by io.net and Aethir, while Floki and Angry Pepe Fork are meme coins showing promising signs. Let’s see, according to what top experts have to say, which of these altcoin classes offers the best potential for long-term returns.
XAI38H Regains Momentum After Rough Start
XAI38H is a new decentralized AI computing network designed to help machine learning engineers access scalable distributed clusters. io.net quickly gained attention after its launch in June because it allowed engineers to access GPUs at a small fraction of the cost of comparable centralized services.
In addition, the io.net crypto gained massively at launch because it is capable of maintaining low latency for deployers. Shortly after its launch, the price of io.net hit an all-time high of $6.43 before tumbling to a low of $2 in July. However, the AI crypto has recovered back to $2.80, with Decilizer predicting a rally back to $3.8.
Aethir (ATH) Pumps After Record $36M First-Year Revenue
Aethir (ATH), like io.net, is a company that deals with GPU cloud computing as its main offer of services. The firm recently disclosed that it generated $36 million in the last one year. Based on the report, Aethir experienced an increase in the need for computing capabilities in AI.
Aethir also saw a 10% MoM revenue increase in its PaaS segment. Following the report, the price of Aethir increased by more than 20% on the weekly timeframe. According to Brill, based on its growth, the Aethir price could increase by more than 85% to hit $0.1500.
Floki (FLOKI) Ready To Pump After Bear Market
Recovering from the recent crypto market dip, Floki (FLOKI) has increased by more than 20%, recovering above the $0.0001800 support level. On the longer timeframe, the price of Floki Inu has outperformed the AI coins with an increase of 450%.
ZAYK Charts, a popular crypto analyst, has explained that Floki has broken out of the descending channel in which it has traded over the last months. The Floki price chart shared by ZAYK Charts suggests a 65% price increase and a rally above the $0.0002600 level.
Angry Pepe Fork Identified As the New Gem in the Meme Coin Market
Angry Pepe Fork is one of the newest meme coins in the Solana blockchain making all the headlines for being one of the most profitable systems. Angry Pepe Fork operates on a new Conquer To Earn model that encourages its users to join the mission of conquering useless meme coins on the market that do not provide its holders any value.
The project takes community engagement to another level, collectively rewarding its members. You can begin to earn from the presale of Angry Pepe Fork, endearing the project to top market analysts, including the top YouTuber, Professor Crypto.
Professor Crypto explained that the price of Angry Pepe Fork is ready to explode because it has improved tokenomics. The Angry Pepe Fork team has built the project with a better tokenomics model with only 1.9 billion tokens. With this approach, the value of the token rises as the supply decreases; hence, investors should consider holding the token.
Angry Pepe Fork is currently priced at only $0.014, making it the best coin to buy now. Based on the predictions of analysts, the price of APORK could surge above $1 before the year ends.
Conclusion
On the broader timeframe, the meme coins Floki and Angry Pepe Fork have outperformed the AI coins io.net and Aethir. Heading into the future, meme coins also look to perform better than the AI coins, with Angry Pepe Fork set to be the biggest gainer.
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